TSXV:HRE.H - Post by User
Comment by
1crisisatatimeon Oct 14, 2014 11:06am
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Post# 23025789
RE:Centerra shares are not liquid assets
RE:Centerra shares are not liquid assetsI disagree John.. The shares of CG are definitely an asset since they will have a value on the market. No matter what happens with the Kumtor situation, we will own this portion of Centerra shares (hopefully). The company CG is a valued asset and owning shares of that company is therefore an asset. The Kygryz's and CG can do whatever they wish, we still will have a position (large chunk of hopefully) in CG. There is no denying the value of CG, even if they leave the Kygryz rep and sell the mine to someone else, or worst case the Kygryz's nationalise the mine and commit investment suicide! This is a win, win for us and ty David et al for your work behind the scenes. Especially Peter and the legal team for their efforts. Onward and upward!